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Product Manager
4 months ago
Imperial Recruitment Group are delighted to announce that we are working exclusively with an international leading supplier of integral lighting solutions. To recruit for a Product Manager (Indoor lighting) on a permanent basis.
LOCATION: Durham
SALARY: Competitive (Depending on Experience)
HOURS: General office hours (Mon-Fri)
ROLE SUMMARY:
Primary responsibilities are to develop and lead the implementation of the product line strategy as part of the overall sustainable growth strategy of the brand within the Group. You will globally lead, manage and coordinate all product relevant activities of the indoor portfolio with special focus on the goal definition for the product portfolio, creation of solid product briefs and provision of level one interface to all relevant stakeholders concerning product related topics. He/she runs the P&L of his/her entire product line, this responsibility being shared with the respective application heads supported by his/her product family
KEY RESPONSIBILITIES:
- Overall global Product Management responsibility for the dedicated product families of the company’s brand
- Manage a global product portfolio of luminaires (including inherent software, hardware and services) throughout its entire life cycle with full responsibility for the profitability of the product families and in clear alignment with the company, application and sustainability strategy.
- Monitor and evaluate the performance of the portfolio with the brand to enable decision for investments.
- In close exchange with Market Intelligence and Sales, analyzes and tracks the global market, technology, competitor, and customer requirements and trends related to the product families’ business and determining competitive attributes, prioritization and value propositions.
- Utilize global product- and competitor-analysis using state-of-the art methodologies & tools, to improve the product portfolio and provide cutting edge innovation with the ambition to lead the market with the dedicated product families.
- Identify customer needs, opportunities, technological trends and risks and formulating suggested positioning against competition.
- Develop and define the product strategy per family including short-, mid- and long-term roadmap, in line with brand and application strategy, in order to meet the agreed sales and/or market share targets. Ensure the implementation of strategy and roadmap in the market through proactive cooperation with sales, and R&D.
- Define, execute and moderate innovation workshops for the own product portfolio
- Responsible for delivering on-time and on-cost target customer focused products including ideation, product specification, and make-or-buy decisions whilst challenging the status quo to drive disruptive product breakthroughs by taking calculated risks.
- Define a core positioning for each product family for the development of a marketing plan and pricing strategy
- Drive strategic portfolio pricing in collaboration with the heads of application, and ensure sensible SKU complexity management across the global product portfolio
- Acts as interface between Sales, Marketing, Heads of Application PMO, and Product Development to achieve the desired outcomes for the customers and the Business Plan
- Initiates and manages global product launches (in alignment with Global Launch Management Head in PMO)
- Internal and external product presentations and in-depth trainings, especially for sales teams, but also for customers and other stakeholders.
- Regular exchange with Product Development, Market Intelligence, Production, PMO, Heads of Application and Sales
REQUIREMENTS:
- Min. bachelor’s degree or comparable in engineering, innovation management and/or business administration, marketing or other related fields with profound technical understanding
- Desirably, demonstrable business experience in an international team, preferably in electronics, electro-mechanical equipment goods, consumer electronics or in electrical equipment or appliances’ industries (ideally B2B)
- Experience in the positioning of products within markets for specific brands
- General understanding of how to shape, reposition, develop and rank a product portfolio of leading industry brands
- Excellent quantitative and analytical skills for current and future requirements of products to be covered
- Up-to-date knowledge of product management strategies, methodologies, tools and lean processes.
- Willingness to travel (around 20% of time) and support external market presence for the brand and its product offerings
For more information on this opportunity please feel free to contact Adam Pearson at Imperial Recruitment Group.
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